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- German producer prices down 2.7% in May
German producer prices down 2.7% in May
In May 2016 the index of producer prices for industrial products fell by 2.7% compared with the corresponding month of the preceding year. In April 2016 the annual rate of change all over had been -3.1%.
Compared with the preceding month April 2016 the overall index rose by 0.4% in May 2016 (+0.1% in April and unchanged in March 2016).
In May 2016 energy prices decreased by 8.0% compared with May 2015, prices of intermediate goods by 2.3% and prices of non-durable consumer goods by 0.2%. In contrast prices of capital goods rose by 0.6% and prices of durable consumer goods by 1.3%.
The overall index disregarding energy decreased by 0.8% compared with May 2015 and rose slightly by 0.2% compared with April 2016.
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